All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
Saturday noon ... just done morning session of my tuiion classes and had my lunch. Still have an hour to blog ... while reading The Edge and Focus, reading only the headlines. Today's StarBiz is more interesting as it is written about 'property-sector'. Overall, I m bearish on the sector and have abandoned it some years ago.
SPSetia ... creating som excitement, with huge volume seen last week. One of the few property counters still standing ... I still remember that I bought and collect SPSetia as when Liew exited SP ... for Eco. Well, Ecoworld is the back-door listing in KLSE, then given birth to EWInternational.
Ecoworld : Can't remember the exact price of the private placement (PP) by a 'prominent' investor ... 1.20-1.30 level, I think. I didnt take any trades into property stocks. No way.
Property index at support now ... and since the 'guru' said property market might crash in 2018, The Star paper dedicating the weekend biz-news relating to property-stories.
So ... since many bearish in 'property-sector' and news creating more fear, being a contrarian ... I will check on the whole sector later (perhaps an e-meeting to share) and to see opportunities to trade (I will not buy-hold property counters ... it is 2017 now, ya)
UEMS ... this attracts me better ... ok, put inside my trading-stalk list.
Ok ... time to listen to songs, rest ... and do more work on 'property stocks' over the weekend.
Have a nice buying ... buy during FEAR la. Dont just quote Warren Buffett.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
shareinvestor88
Value trap
2017-11-18 15:04